S&P 500 Elliott Wave Technical Analysis – 30th March, 2015

Upwards movement was expected for Monday. The invalidation point remains intact although the target at 2,072 was comfortably passed. Summary: The main wave count now requires downwards movement which must subdivide as an impulse and should show an increase in...

S&P 500 Elliott Wave Technical Analysis – 4th March, 2015

Again, upwards movement was expected, but downwards movement breached the invalidation point (which was very close by) on the hourly Elliott wave count. Summary: This downwards movement looks like minute wave b within minor wave 5. This changes the target calculation....

S&P 500 Elliott Wave Technical Analysis – 2nd February, 2015

S&P started the day by moving towards the downside, increasing the confidence in the main count, but price reversed direction ending the day near its highs. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed...